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  1. Commercial Properties
  2. OH
  3. Lorain

520 Broadway

For Sale

520 Broadway, Lorain, OH 44052

Established & exceptionally well-maintained 3-story professional office building in a prime downtown location at the center of the city's revitalization & entertainment district! Long-term owner-occupied w/pride of ownership evident throughout, prestigious approximately 15,000 sq ft building per owner is nearly fully occupied w/only approximately 500 sq ft currently available. Positioned on a highly visible, busy street just steps from the Port Authority plus within walking distance to the lake, property offers unmatched accessibility & exposure in the heart of downtown activity & city celebrations. Surrounded by ongoing redevelopment and upscale entertainment venues, the location simply cannot be duplicated. Building features a beautiful exterior, excellent street-front signage visibility, elevator access w/ability to lock off individual floors, two stairwells, full basement for additional utility/storage. Lobby has been tastefully upgraded w/tile accents, creating a professional & inviting first impression. Each floor includes two restrooms, and the spacious office suites offer flexibility for a variety of business uses. Current occupants include established attorneys, insurance professionals, & property management. Upper two floors offer flexible occupancy options for potential owner-users or investors, while the first floor remains leased w/stable tenancy in place. Additional improvements include a newer roof, updated air conditioning systems, elevator updates, & abundant windows providing excellent natural light throughout. Access to the newly beautified rear alley further enhances convenience and appeal. Exceptional opportunity for investors, owner-users, or those seeking a prestigious downtown presence w/endless possibilities for future growth & subdivision potential.

Key features

  • Cooling: Central A/C
  • General: Elevator
  • Heating - Fuel Type: Gas
  • Heating Type: Forced Air
  • Roof: Fiberglass
  • Sewer: Public
  • Water: Municipal Water

Building Details

  • For Sale $799,900
  • Property Type Office
  • Lot Size 0.14 Acre
  • Additional Rent Price on request
  • Year Built 1920
  • Date Updated Oct 2, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Michele Frederick

Coldwell Banker Schmidt Realty

broker
Christopher Frederick

Coldwell Banker Schmidt Family of Companies

Location

  • City Lorain, OH
  • Zip Code 44052
  • Market Cleveland Akron
  • Map
  • Street
  • Walk score 73/100 Very Walkable
  • Bike score 55/100 Bikeable
Powered by Walk Score ®

Points of Interest

Elyria

7.83 miles

Valero

1.79 miles

Broadway Gas

2.94 miles

Circle K

2.96 miles

Marathon

3.23 miles

Sunoco

3.25 miles

Speedway

3.51 miles

Pure

3.58 miles

Meijer

3.61 miles

Shell

3.74 miles

RV Parking

6.39 miles

Bus Parking

6.42 miles

Car Parking

6.44 miles

Truck Parking

6.49 miles

West Lot

8.67 miles

South Lot

8.72 miles

Meijer Car Wash

3.61 miles

Sheetz Car Wash

5.82 miles

Blue Coral

7.10 miles

Jackie's Auto Wash N Go

7.83 miles

Rainforest Car Wash

7.89 miles

Towne Center Laser Wash

8.43 miles

Zappy's Auto Washes

9.90 miles

Domino's

0.05 miles

4th Street Diner

0.08 miles

Papasito's Mexican Cantina

0.08 miles

Broadway Teriyaki

0.09 miles

Golden Crown

0.14 miles

Dodie's Dockside

0.16 miles

Campana's International Cafe

0.21 miles

Lorenzo's Pizza

0.22 miles

Jackalope Lakeside

0.48 miles

Selenti's Pizza

0.57 miles

Save-A-Lot

0.15 miles

Fligner's Market

1.03 miles

Apples

1.86 miles

Key Food

2.16 miles

Big Lots

2.40 miles

Walmart Supercenter

2.99 miles

Kohl's

3.16 miles

Marc's

3.57 miles

Meijer

3.71 miles

Target

5.03 miles

Lorain Police Department

0.21 miles

Walgreens

1.53 miles

Rite Aid

1.55 miles

CVS Pharmacy

1.81 miles

Walk In Urgent Care

3.08 miles

Cleveland Clinic - Family Health Center

3.56 miles

New Vision Collections

3.61 miles

Akron Children's Hospital NICU at Mercy Lorain

3.76 miles

Mercy Regional Medical Center

3.86 miles

Akron Children's Hospital - Amherst Health Center

4.72 miles

Listing Summary

  • Property Financials

    520 Broadway is currently listed for sale at $799,900.

  • Property Details

    The property was initially built in 1920.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 73, indicating that it is very walkable.

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